U.S. Population Growth Has Nearly Flatlined. Is That So Bad?

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“A Demographic Crisis.” “A Blinking Light Ahead.” “The Death of Hope.” Those are some of the dire headlines that have been written in recent years about the sluggish pace of U.S. population growth, which in 2021 fell to its lowest rate ever — just 0.1 percent.

While the pandemic played a major role in driving last year’s decline, the country’s population growth has been slowing for much of the last decade, depressed by declining fertility rates, a surge in “deaths of despair” and lower levels of legal immigration.

But is a population slowdown as much of a crisis as some have made it out to be, or could it actually bring welcome changes? Here’s a look at a longstanding demographic debate.

A global phenomenon

For a population to replenish itself in the absence of immigration, demographers estimate that there must be, on average, about 2.1 births per woman. In the United States, the fertility rate has been consistently below that level since 2007. And it’s not alone: While some countries, especially in sub-Saharan Africa, are still growing rapidly, the global average fertility rate has been falling for decades, and even China’s population, the world’s largest, may very soon reach its peak.

As a result, the United Nations now predicts that the human population will start declining by the end of the century. (Other demographers have projected an even earlier peak.) Some countries — notably Japan and South Korea, whose fertility rates are among the lowest in the world — are already shrinking.

Why are fertility rates falling? The trend is typically attributed to a combination of economic prosperity, which leads to lower infant mortality, and greater gender equality. “As women have gained more access to education and contraception, and as the anxieties associated with having children continue to intensify, more parents are delaying pregnancy and fewer babies are being born,” Damien Cave, Emma Bubola and Choe Sang-Hun reported for The Times last year. Because many of those babies then go on to have smaller families than their parents did, they added, “the drop starts to look like a rock thrown off a cliff.”

It’s a stark reversal of the demographic trends of the 1900s, during which the coincidence of high fertility rates and lengthening life spans caused the global population to nearly quadruple in size, from 1.6 billion to six billion. And for much of the 20th century, it was the specter of overpopulation, not stagnation or decline, that animated dystopian visions of the future.

Which raises a question: How much stock should we really be placing in population forecasts? As David Adam explained in Nature last year, medium-term projections are usually quite accurate, as most people who will be alive in 20 to 30 years have already been born.

But over the longer term, projections diverge and become less reliable, in part because technological and environmental shocks that could cause demographic swings are impossible to predict, as Vox’s Kelsey Piper has written: “If, for example, climate change drives currently developed countries back into poverty and drives their birthrates back up, the estimates are poorly equipped to account for that. On the other hand, if more reliable contraceptives are developed and virtually end unintended pregnancies the world over, birthrates could fall much faster than predicted.”

Why a population slowdown is causing concern

For many futurists, the primary challenge posed by declining population growth is economic: When people live longer and have fewer babies, the population ages, leaving fewer working-age adults to support a country’s swelling number of retirees.

“Older people are more prone to illness, and many rely on publicly funded pensions and eventually require caregiving,” Stephanie H. Murray wrote in The Atlantic in February. “Many countries, including the U.S., are already struggling to meet the needs of the rapidly growing elderly population.”

This can create a kind of national languishing, as the Times columnist Ross Douthat argued last year: “If you assume that dynamism and growth are desirable things (not everyone does, but that’s a separate debate), then for the developed world to be something more than just a rich museum, at some point it needs to stop growing ever-older, with a dwindling younger generation struggling in the shadow of societal old age.”

Aging may take a particularly heavy toll on middle-income countries. Historically, as industrialized countries have become richer, their labor force grew more rapidly than their nonworking population, providing a “demographic dividend.” But in some developing countries, including Brazil and China, fertility rates have fallen to around or below replacement level much more quickly than they did for their higher-income counterparts, and their populations now face the risk of getting old before getting rich.

A population slowdown can be a symptom of other national problems. For example, as Derek Thompson has noted in The Atlantic, while declining fertility is often a sign of female empowerment, it can also be a sign of its opposite, as suggested by the growing gap between how many children Americans say they want and how many they have. “There are many potential explanations for this gap,” Thompson wrote, “but one is that the U.S. has made caring for multiple children too expensive and cumbersome for even wealthy parents, due to a shortage of housing, the rising cost of child care, and the paucity of long-term federal support for children.”

A crisis or an opportunity?

To see how population stagnation or even decline need not spell disaster, you can look at countries where it’s already occurring, as Daniel Moss, a Bloomberg Opinion columnist covering Asian economies, did last year. Take Japan: “Despite the caricature of the country as an economic failure in the grip of terminal decline, life goes on,” he wrote. “True, growth in overall G.D.P. has been fairly anemic in past few decades, but G.D.P. per capita has held up well.” What’s more, he added, Japan’s unemployment rate is very low and has remained so throughout the pandemic (it was 2.6 percent in July).

Japan’s example lends some credence to the view of Kim Stanley Robinson, a widely acclaimed science-fiction writer, who believes that an aging population with a smaller work force could actually lead to economic prosperity. “It sounds like full employment to me,” he argued in The Washington Post last year. “The precarity and immiseration of the unemployed would disappear as everyone had access to work that gave them an income and dignity and meaning.”

The challenges of an aging population could push countries to pursue policies that improve quality of life:

• One 2019 analysis estimated that if the European Union eliminated inequities in educational attainment and in women’s and immigrants’ labor force participation, it could cancel out more than half of the labor force decline it might otherwise experience by 2060.

• Another way governments have responded to labor shortages caused by population aging is by investing more in the automation of work, an M.I.T. study found last year. As The Times’s John Yoon reported last month, “The prospect of a shrinking work force has put South Korea at the forefront of developing robots and artificial intelligence for the workplace.”

• In the view of the Times columnist Paul Krugman, the biggest economic problem of an aging population isn’t increased strain on the social safety net, but rather weak investment from businesses anticipating reduced consumer demand. If that scenario comes to pass, though, “why not put the money to work for the public good?” he wrote last year. “Why not borrow cheaply and use the funds to rebuild our crumbling infrastructure, invest in the health and education of our children, and more? This would be good for our society, good for the future, and would also provide a cushion against future recessions.”

Fertility rate declines may also be making climate change easier to combat, albeit not in the way many think: As Sarah Kaplan of The Washington Post has explained, fossil fuel consumption is driven primarily by increases in affluence, not the number of people on the planet per se. So while population growth in poor countries hasn’t led to large increases in planet-warming emissions, a sudden baby boom in high-income countries like the United States almost certainly would.

For some demographers, the prospect of population stagnation or decline isn’t any more a cause for alarm than population growth was; it’s simply a change that governments will need to manage. “Rather than panicking or trying to forestall this for ourselves,” Leslie Root, a demographer and a postdoctoral scholar at the University of Colorado, Boulder, wrote in The Washington Post last year, “we should be thinking about what that transition will mean globally — both for rich countries and for poor ones that will be far more burdened by aging populations than we will.”

Do you have a point of view we missed? Email us at [email protected]. Please note your name, age and location in your response, which may be included in the next newsletter.

READ MORE

“Not Everyone Is Worried About America’s Falling Birthrates” [The New York Times]

“How Low Can America’s Birth Rate Go Before It’s a Problem?” [FiveThirtyEight]

“Will Many Developing Countries Get Old Before They Get Rich?” [The Center for Strategic and International Studies]

“The costs of a declining population” [The Financial Times]

“Ask the experts: Will an aging population limit China’s global power aspirations?” [The London School of Economics]

“I’m an environmental journalist, but I never write about overpopulation. Here’s why.” [Vox]